2023-12-20T14:49:41-06:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 831802913 NEW BEGINNINGS FOR FAMILIES INC NEWB 5088971230 320 MAIN STREET BROCKTON MA 02301 DONNA DESMOND EXECUTIVE VP - CFO 5088971230 2023-12-20 1 DONNA DESMOND XXX-XX-XXXX 1 THOMAS F MULDOON CPA P01561688 5083669100 2023-12-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DONNA DESMOND 320 MAIN STREET BROCKTON MA 02301 100000 0 X N/A X 2018 MA NBFI IS DEDICATED TO ASSISTING FAMILIES AND THOSE IN NEED OF SHELTER OR HOUSING AND TO PROVIDE SERVICES TO THOSE IN NEED. 5 5 0 5 0 0 0 0 0 0 0 0 184996 100000 184996 100000 0 0 0 0 0 0 0 0 0 249508 242415 249508 242415 -64512 -142415 1348270 1273389 1517072 1584606 -168802 -311217 NBFI IS DEDICATED TO ASSISTING FAMILIES AND THOSE IN NEED OF SHELTER OR HOUSING AND TO PROVIDE SERVICES TO THOSE IN NEED. 0 0 242415 100000 NBFI IS DEDICATED TO ASSISTING FAMILIES AND THOSE IN NEED OF SHELTER OR HOUSING AND TO PROVIDE SERVICES TO THOSE IN NEED. 242415 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X DONNA DESMOND EXECUTIVE VP - CFO 5088971235 320 MAIN STREET BROCKTON MA 02301 VINCENT MARTURANO PRESIDENT, CEO (UNTIL 2/2023) 0.50 40.50 X 0 480484 55942 DONNA DESMOND EXECUTIVE VP, CFO 0.50 40.50 X 0 248500 25746 KENNETH KLIER EXECUTIVE VP, COO 0.50 40.50 X 0 245868 25483 CHARLES CLIFFORD PRESIDENT, CEO (AS OF 2/2023) 0.50 40.50 X 0 0 0 WILLIAM PAYNE PRESIDENT 1.00 1.50 X X 0 0 0 GERRY NADEAU TREASURER 1.00 1.50 X X 0 0 0 ELI FLORENCE CLERK 1.00 1.50 X X 0 0 0 STEVE PIKE DIRECTOR 1.00 X 0 0 0 THOMAS THIBEAULT DIRECTOR 1.00 1.00 X 0 0 0 0 974852 107171 0 0 1 0 0 100000 0 100000 100000 100000 100000 100000 0 0 110 110 8419 8419 85425 85425 92911 92911 52408 52408 3142 3142 242415 242415 0 0 21650 13591 14414 1500000 240202 1312206 1259798 1348270 1273389 8754 12677 1508318 1571929 1517072 1584606 X -168802 -311217 -168802 -311217 1348270 1273389 -142415 0 X X 0 1 X 1 0 X 134560 200000 204996 184996 100000 824552 134560 200000 204996 184996 100000 824552 0 0 0 824552 134560 200000 204996 184996 100000 824552 X PART III, SHORT YEAR EXPLANATION: NEW BEGINNINGS FOR FAMILIES, INC. FILED A SHORT YEAR TAX IN FISCAL YEAR 2019 BECAUSE IT WAS THEIR FIRST FISCAL YEAR IN BUSINESS. THEY RECEIVED EXEMPTION STATUS IN SEPTEMBER 2018. 189811 189811 1310189 240202 1069987 1259798 DUE TO RELATED PARTY 467612 CONTINGENT DEBT 1104317 1571929 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. X 1 1 0 0 0 0 0 0 0 0 0 VINCENT MARTURANO PRESIDENT, CEO (UNTIL 2/2023) 0 423440 0 52017 0 5027 0 33000 0 22942 0 536426 0 0 DONNA DESMOND EXECUTIVE VP, CFO 0 233500 0 15000 0 0 0 24850 0 896 0 274246 0 0 KENNETH KLIER EXECUTIVE VP, COO 0 225868 0 20000 0 0 0 24587 0 896 0 271351 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - BUSINESS MEETING SPACE FOR SENIOR MANAGEMENT AND STAFF, AND OTHER BUSINESS DEVELOPMENT. PART I, LINE 3 THE OFFICERS OF OLD COLONY YMCA PROVIDE THE BOARD OF DIRECTORS CHAIR WITH THE FOLLOWING INFORMATION FOR DETERMINING THE COMPENSATION: - SELF APPRAISAL FOR THE PERIOD OF JULY 1 THROUGH JUNE 30. - INCENTIVE COMPENSATION PERFORMANCE MEASURES. - PREVIOUS EXECUTIVE COMMITTEE MINUTES WITH THE EXECUTIVE COMPENSATION AS PREPARED BY AN OUTSIDE CONSULTING FIRM. - RECENT SALARY COMPENSATION DATA FOR SIMILAR SIZE Y'S. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS PRESENTED BY AAFCPAS, INC. TO THE AUDIT COMMITTEE. THE ELECTRONIC COPY OF THE 990 WAS DISTRIBUTED TO THE GENERAL BOARD VIA EMAIL. THE FINAL APPROVAL OF THE 990 WAS DONE AT THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED OFF ON BY ALL BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 NEW BEGINNINGS FOR FAMILIES MAKES ALL ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. OLD COLONY YOUNG MEN'S CHRISTIAN ASSOCIATION INC 320 MAIN STREET BROCKTON MA 02301 042125014 HELPING CHILDREN, FAMILIES, & INIVIDUALS DEVELOP TO THEIR FULLEST POTENTIAL MA 501(C)(3) LINE 10 N/A 0 SOCIAL SERVICES NETWORK INC 320 MAIN STREET BROCKTON MA 02301 272966468 PROVISION OF SOCIAL SERVICES MA 501(C)(3) LINE 7 OLD COLONY Y 0 OLD COLONY YMCA WELLNESS SERVICES INC 320 MAIN STREET BROCKTON MA 02301 843604342 PROVISION OF SOCIAL, EMOTIONAL AND WELLNESS SERVICES MA 501(C)(3) LINE 10 OLD COLONY Y 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 THE ORGANIZATION, FOR THE 2019 TAX YEAR, CHANGED THEIR YEAR-END DATE TO REFLECT THEIR DESIRED JUNE 30 YEAR END DATE. AS THE ORGANIZATION HAS VALIDLY CHANGED THEIR YEAR END DATE, THEY FILED AN IRS FORM 990 WITH A YEAR END DATE OF JUNE 30, 2023, AND NOT DECEMBER 31, 2023. AS A RESULT OF THE YEAR END CHANGE, THE RETURN WAS NOT ACCEPTED ELECTRONICALLY BY THE IRS AND HAD TO BE MAILED. THE ORGANIZATION CALLED THE IRS EFILE HELPLINE TO ADDRESS THIS ISSUE. THE ANALYST ASSIGNED TICKET NUMBER: IM577934 FOR THE ISSUE.ON DECEMBER 13, 2023, THE IRS CALLED THE ORGANIZATION TO INSTRUCT THEM THAT THEY FIXED THE EFILE ISSUE ON THEIR END AND INSTRUCTED THE ORGANIZATION TO ATTEMPT TO EFILE THEIR RETURN AGAIN. THE RETURN WAS MAILED TIMELY AND WAS NOT FILED LATE, BUT IS BEING EFILE LATE DUE TO THE ABOVE EFILE ISSUE ON THE IRS SIDE